1148 Palm Street, San Jose, California 95110, San Jose, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,450,000
1148 Palm Street, San Jose, California 95110
4Beds
2Baths
2,047Sqft
9,890Lot
Year Built
1921
Close
-
List price
$1.45M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
137 Days
Sold On
2025-10-31
MLS number
ML82009569
Home ConditionExcellent
Features
Patio
View-

About this home

This 1920s Spanish Craftsman has been meticulously updated, blending timeless character with modern luxury. With 4 spacious bedrooms, 2 beautiful bathrooms, formal living and dining rooms, and a chefs kitchen, this home offers both style and function. The kitchen features custom cabinets, THOR appliances, GROHE fixtures, and leather honed quartzite countertops. The main level spans 2,047 sqft, with an additional 1,648+/- sqft basement, offering versatile space for guests, a home office, or theater. The home flows seamlessly to outdoor living, with a 13-ft folding door leading to a covered porch. The nearly 10,000 sqft lot includes 2,000 sqft of artificial turf, 1,000 sqft of stamped concrete patio, and drought-tolerant landscapingperfect for entertaining. Inside, the main level boasts 9.5-ft ceilings, while the basement offers 8-ft ceilings for an airy feel. Smart home features include Nest locks, Lutron WiFi switches, and a 4K security system. Energy-efficient dual-pane windows, central AC, and a whole-house fan reduce cooling costs by 50%. Secure parking for four cars is behind an electric gate.

Price History

Date
Event
Price
08/21/25
Price Change
$1,450,000
06/16/25
Listing
$1,600,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (12 Listings)
Beds42
62%
Baths21
54%
Square foot2,0471,134
77%
Lot Size9,8905,670
92%
Price$1.45M$1.1M
85%
Price per square foot$708$839
38%
Built year19211915
54%
HOA
Days on market142112
62%
Condition Rating
Excellent

Despite being built in 1921, this property has undergone a meticulous and extensive renovation, bringing it to modern luxury standards. The kitchen is a chef's dream with high-end THOR appliances, custom dark cabinetry, GROHE fixtures, and leather honed quartzite countertops, all appearing brand new. The bathrooms are equally impressive, featuring modern floating vanities, sleek tiling, glass-enclosed showers with rain heads, and contemporary fixtures. Throughout the home, new hardwood flooring, modern light fixtures, dual-pane windows, central AC, and smart home technology (Nest, Lutron, 4K security) indicate a comprehensive and recent overhaul. The finished basement also reflects the same high-quality, modern finishes. All visible elements suggest a property that is virtually new in its current state, meeting the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons

Pros

Blended Character & Modern Luxury: Meticulously updated 1920s Spanish Craftsman, seamlessly integrating timeless charm with contemporary finishes and amenities.
High-End Chef's Kitchen: Features custom cabinetry, premium THOR appliances, GROHE fixtures, and leather honed quartzite countertops, appealing to discerning buyers.
Substantial & Versatile Living Space: Offers 2,047 sqft on the main level complemented by an additional 1,648 sqft finished basement, providing extensive flexible space for various uses.
Premium Outdoor Entertainment Area: A nearly 10,000 sqft lot with a 13-ft folding door to a covered porch, artificial turf, stamped concrete patio, and drought-tolerant landscaping, ideal for entertaining.
Advanced Smart Home & Energy Efficiency: Equipped with modern smart home technology (Nest, Lutron, 4K security) and energy-saving features like central AC, dual-pane windows, and a whole-house fan.

Cons

Prolonged Market Exposure & Price Adjustment: The property has been on the market for 137 days and has undergone a significant price reduction from $1.6M to $1.45M, suggesting initial overpricing or challenges in attracting buyers.
Overvaluation Relative to Estimation: The current listing price of $1.45M is notably above the estimated property value of approximately $1.3M, potentially hindering buyer interest and financing.
Undefined MLS Area: The '699 - Not Defined' MLS area may present challenges for accurate comparative market analysis and appraisal, potentially impacting perceived value.

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